Border to Coast has announced final investments in its initial Private Markets program, including a US$382.6 million commitment to two infrastructure funds in North America and Europe. 

The commitments to the funds are the following: 

1. US$204 million commitment for Axium Infrastructure North America IV, an open-ended fund investing in core transportation, energy and social infrastructure assets in Canada and the US; 
2. EUR175 million (US$178.6 million) commitment for Arcus European Infrastructure Fund, primarily targeting investments in European telecoms, transport and energy sectors with a focus on emerging subsectors.